1150 SW 189th AvePembroke PinesFL33029
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pembroke Pines at 1150 SW 189th Ave, Pembroke Pines, FL, 33029 earns $3,210/mo cash flow from $8,984/mo rent with a $4,160/mo payment. Total monthly income totals $8,984/mo, and annual cash flow totals $38,525/yr on $279,617 capital. ROI tracks 33.84% on current figures, and rental yield reads 12.68% at a $849,900 purchase. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 over five years. Five-year ROI reaches 178.3% and total cumulative return in cash sums $498,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,984/mo property income instead of your personal income.
Single Family
Built in 2001
10,235 sqft lot
$N/A/sqft
$400 quarterly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33029, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,383 (100%) |
| Owner Occupied HU | 12,840 (89.3%) |
| Renter Occupied HU | 1,365 ( 9.5%) |
| Vacant Housing Units | 178 ( 1.2%) |
| Median Home Value | $622,938 |
| Average Home Value | $637,155 |
Housing Distribution
Address Breakdown
Residential
14,552
Single Family
13,880
Multi-Family
672
Businesses
575
Price History
Date | Event | Price |
|---|---|---|
| 2024-04-12 | Listed for sale | $849,900 |
| 2020-03-23 | Listing removed | $489,999 |
| 2019-06-20 | Sold | $474,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6669.21 | 5.87% | $369,150 | 3.00% |
| 2022-08-31 | $6299.34 | 1.65% | $358,400 | 3.00% |
| 2021-08-31 | $6196.98 | 1.03% | $347,970 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2001
- Architectural Style: N/A
- Building Area: 3,270
- Living Area: 2,461 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Ceramic Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Driveway
Location
- City: Pembroke Pines
- State: FL
- Subdivision: Encantada
- Lot Size: 10,235 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Other
HOA & Fees
- HOA Fee: $400 quarterly
- Association Fee: $400 quarterly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Other
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Anthony Perez • The Lab Realty Group, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11557300
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.